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Ls312 Ethics

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LS312 Unit Eight Cost Justified Minicase

Tapestry Dalrymple

February 5, 2013

The stakeholders in the Cost Justified Minicase are Joe the District Manager of Computer Operations, Mary, Joe’s supervisor, the CEO, the employees, the shareholder, and the company. The interests of the stakeholders are avoiding scandals, following legislation by knowing the security laws, understanding public interests, and displaying accountability. Every stakeholder has the rights and responsibility to promote honesty and integrity from management.

This case applies to the Securities Acts and the Sarbanes-Oxley Act. Joe and Mary participated in illegal and unethical actions. Both knew there was a performance problem but reported a misrepresentation of the recently installed system that was actually not achieving the expected results. Mary requested a report to be written by Joe that the system was performing as projected even though it was not and send a copy to the CEO. It was also a request for Joe to send in a report that the savings portrayed in the original justification documents are being achieved. Joe worked hard to achieve his goals in the company and was worried about Mary’s request and the statement she made to him about having doubts about his ability to perform as a District Manager for the company because of his reluctance to her request.

This misrepresentations affect the company financially and the shareholders and their investments. With respect to the legal aspect of this case, it is against the Securities Acts. Management must follow the laws and regulations of the Securities Acts, which prohibits certain types of conduct (Kaplan eGuide, n.d.). According to Kaplan eGuide (n.d.), “The SEC requires that companies submit certain documents for review, including: registration statements for...

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